Hartshead Resources Balance Sheet Health
Financial Health criteria checks 6/6
Hartshead Resources has a total shareholder equity of A$33.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$36.4M and A$3.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$23.96m |
| Equity | AU$33.38m |
| Total liabilities | AU$3.01m |
| Total assets | AU$36.39m |
Recent financial health updates
Hartshead Resources (ASX:HHR) Is In A Good Position To Deliver On Growth Plans
Aug 01
Here's Why We're Watching Hartshead Resources' (ASX:HHR) Cash Burn Situation
Mar 03Recent updates
The Return Trends At Hartshead Resources (ASX:HHR) Look Promising
Jun 05There's Been No Shortage Of Growth Recently For Hartshead Resources' (ASX:HHR) Returns On Capital
Nov 24Hartshead Resources (ASX:HHR) Is In A Good Position To Deliver On Growth Plans
Aug 01Here's Why We're Watching Hartshead Resources' (ASX:HHR) Cash Burn Situation
Mar 03Financial Position Analysis
Short Term Liabilities: HHR's short term assets (A$24.5M) exceed its short term liabilities (A$3.0M).
Long Term Liabilities: HHR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HHR is debt free.
Reducing Debt: HHR has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HHR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HHR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 66.8% each year